Alger Mid Cap Focus Fund Class Y ALOYX

Morningstar Medalist Rating
  • NAV / 1-Day Return$21.33  /  −0.65%
  • Fund Size$318.9M
  • Adjusted Expense Ratio0.740%
  • Net Expense Ratio0.740%
  • Fee Level: DistributionBelow Average
  • Share Class TypeInstitutional
  • Morningstar CategoryMid-Cap Growth
  • Equity Style Box (Funds)Mid Growth
  • Minimum Initial Investment$500,000
  • Investment StatusOpen
  • TTM Yield0.00%
  • Turnover Ratio265%

Morningstar’s Analysis ALOYX

Will ALOYX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

Built on shifting sand.

Analyst David Carey

David Carey

Analyst

Summary

Alger Mid Cap Focus’ continued personnel and portfolio changes are concerning. As such, both its People and Process ratings have dropped to Below Average from Average.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ALOYX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings34.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

8.3629M
Cash and Equivalents

Twist Bioscience Corp

5.6520M
Healthcare

Databricks

3.9414M
—

Repligen Corp

3.7613M
Healthcare

Natera Inc

3.7313M
Healthcare

Cloudflare Inc

3.3812M
Technology

Snowflake Inc Ordinary Shares

3.1411M
Technology

Robinhood Markets Inc Class A

2.8010M
Financial Services

Comfort Systems USA Inc

2.7710M
Industrials

Guardant Health Inc

2.549M
Healthcare

Sponsor Center